News
Money Mismanagement : NCAA DG Reportedly Splashed N250M On A Toyota Land Cruiser SUV
NCAA acting DG reportedly splashed N250 million on a brand new Toyota Land Cruiser (70th Anniversary Edition).
According to DAILY NIGERIAN, NCAA Acting DG Chris Najomo’s expensive purchase wasn’t captured in the budget.
Alleged financial mismanagement comes just 3 months after Chris Najomo was appointed as NCAA Acting DG.
Captain Chris Najomo is reportedly enmeshed in financial mismanagement, just few months after his appointment as the acting director-general of Nigerian Civil Aviation Authority (NCAA).
According to DAILY NIGERIAN, Chris Najomo reportedly purchased a 2022 Toyota Land Cruiser 300 Series (70th Anniversary Edition) luxury SUV worth over N250 million.
The purchase reportedly not captured in the budget. Before his appointment as acting DG on December 13, 2023, the Nigerian regulatory body for aviation had reportedly proposed to spend :
- N3,000,000,000 on purchase of vehicles
- N4,317,070,233 on “international transport”
- N3,310,009,756 on “local transport and travels for training” and
- N8,342,547,767 on “travels and transport”
An insider told DAILY NIGERIAN that there is no appropriation approval by the National Assembly in NCAA budget for the purchase of this particular vehicle.
Again, investigations by DAILY NIGERIAN also revealed that the Toyota Land Cruiser SUV was procured without the statutory approvals of the Bureau of Public Procurement and the Federal Executive Council.
“The NCAA took delivery of the vehicle towards the end of February this year. The vehicle has full option specifications. The DG has been using it with the DG’s official custom number plate “01”.
“The DG’s extra-budgetary expenditure is a gross violation of government procurement and financial regulations, which stipulates 5-year jail term without option of fine.
“A government policy provides that no motor vehicle, no matter how inconsequential the price, shall be purchased by MDAs without the approval of the Federal Executive Council,” the source added.
Source : DAILY NIGERIAN
-
News1 week agoCurrently, China Has 129 Manufacturers Of Electric And Hybrid Vehicles; The Majority Will Fail
-
News1 week agoLamborghini’s Next Model Will Be A Grand Tourer And Will Not Be Electric
-
News1 week agoHyundai Motor Workers Are On A 3-Day Warning Strike
-
News1 week agoBidding For This Stripped 2024 Mercedes-AMG G63 With No Rear End Surpasses $18,000 On Copart
-
News1 week agoFerrari Is “Very Happy” With The Luce’s Reactions
-
News4 days agoNissan Finally Discontinuing The Altima Sedan And Says Why
-
News4 days agoFor The First Time, Mercedes Is Using A Chinese Engine In A Vehicle Intended For The European Market
-
Car Facts1 week agoWhat Are The Most Reliable Electric Vehicles?